AUSTIN, Texas--(BUSINESS WIRE)--Sept. 5, 2006--ArthroCare(R) Corp. (Nasdaq:ARTC) announced today the launch of its new LabraLock P (PEEK) implant - a device that, as part of the Company's innovative LabraFix(TM) System, is designed to provide orthopedic surgeons with a simpler, faster process for performing arthroscopic shoulder repairs for patients with labrum tears.